Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents (Note 7)	$ 319	$ 655
Short-term marketable securities (Note 7)		15
Accounts receivable and contract assets, net of allowance for doubtful accounts of $25 and $21, respectively (Note 2, Note 4)	183	212
Prepaid expenses and other current assets	31	33
Total current assets	533	915
Property and equipment, net (Note 8)	270	253	[1]
Operating lease right-of-use assets (Note 2)	74
Intangible assets, net (Note 9)	110	118
Goodwill (Note 9)	840	756
Deferred income taxes, net (Note 11)	7	27
Non-marketable investments (Note 7)	55	12
Other long-term assets	95	86
TOTAL ASSETS	1,984	2,167
Current liabilities:
Accounts payable	11	15
Deferred merchant payables (Note 2)	159	164
Deferred revenue (Note 4)	62	63
Accrued expenses and other current liabilities (Note 12)	203	151	[2]
Total current liabilities	435	393
Deferred income taxes, net (Note 11)	8	21
Other long-term liabilities (Note 13)	380	282	[1]
Total Liabilities	823	696
Commitments and contingencies (Note 14)
Stockholders’ equity: (Note 16)
Preferred stock, $0.001 par value Authorized shares: 100,000,000 Shares issued and outstanding: 0 and 0
Additional paid-in capital	1,150	1,037
Retained earnings	681	1,043	[3]
Accumulated other comprehensive income (loss)	(63)	(62)
Treasury stock-common stock, at cost, 14,116,534 and 12,056,688 shares, respectively	(607)	(547)
Total Stockholders’ Equity	1,161	1,471
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,984	$ 2,167

[1] Refer to the below discussion regarding the transition accounting for operating and finance leases upon adoption of ASC 842.

[2] This adjustment primarily represents the short-term portion of operating and finance lease obligations recorded upon adoption of ASC 842, discussed below.

[3] Represents a cumulative-effect adjustment of $3 million, net of tax to our beginning balance of retained earnings recorded upon adoption of ASC 842.